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Search Result for “Drought”

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GENERAL

Dry soil to curb Asia's early 2024 rice output, pressure supply

Bloomberg News, Published on 01/12/2023

» SINGAPORE - Asian off-season rice production is poised to take a hit as dry planting conditions, shrinking reservoirs and forecasts for continued El Niño weather are set to reduce early 2024 yields, further tightening supplies and spurring food inflation.

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PROPERTY

Singapore’s $110,000-a-month mansion market slows down

Bloomberg News, Published on 31/10/2023

» Singapore’s luxury housing deals are drying up as one of the nation’s largest-ever money laundering scandals weighs on the market.

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GENERAL

Surging rice prices raise spectre of Asian food scare

Bloomberg News, Published on 15/09/2023

» SYDNEY - Rising food prices are likely to prove an additional concern for central bankers trying to subdue inflation as the cost of rice — a staple food in Asia — surges the most since 2008, according to HSBC Holdings Plc.

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GENERAL

Soaring rice prices stretch budgets for billions in Asia, Africa

Bloomberg News, Published on 10/08/2023

» KUALA LUMPUR: A surge in rice prices to the highest level in almost 15 years is renewing fears that food costs are going to get a lot more expensive for the world’s poorest people.

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BUSINESS

Rice soars to two-year high in Asia

Bloomberg News, Published on 11/07/2023

» Rice prices in Asia have surged to the highest level in more than two years as importers build up stockpiles on fears that the onset of El Niño will parch plantations and damage crops.

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WORLD

Vietnam PM issues power shortage warning

Bloomberg News, Published on 19/05/2023

» HANOI: Vietnam faces power shortages in some areas through late this month as electricity use rises due to a heat wave, Prime Minister Pham Minh Chinh warned.

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THAILAND

Why buying cannabis in Thailand might get tougher after election

Bloomberg News, Published on 12/05/2023

» The days of easily buying marijuana on the streets of Bangkok or Phuket may soon be over.

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BUSINESS

Coffee lovers set for price pain as reserves shrink

Bloomberg News, Published on 24/08/2022

» Vietnam's vast hoard of coffee beans is shrinking, a phenomenon that is set to push rising global prices even higher.

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BUSINESS

Food crisis can be contained if Asia remembers not to panic: expert

Bloomberg News, Published on 26/05/2022

» The world’s food problem is already severe as prices jump and protectionism flares, but a food security expert says there is a good chance governments can stop it from getting way worse if they heed a lesson from the crisis in 2008: do not panic.

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WORLD

Ukraine update: US to send more javelins; Zelenskiy rebukes UN

Bloomberg News, Published on 06/04/2022

» The United States and allies are poised to announce new sanctions, including a ban on all new investments in Russia, to punish the Kremlin for alleged atrocities against civilians committed by its forces in Ukraine.